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Concentrating on the Fall of the Labor Share

Autor, David H. - 2017

al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among … firms within industries has risen across much of the private sector; and industries with larger increases in concentration …

Persistent link: https://www.econbiz.de/10012963787

The Fall of the Labor Share and the Rise of Superstar Firms

Autor, David H. - 2017

firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … increasingly concentrate in a small number of firms; industries where concentration rises most will have the largest declines in … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …

Persistent link: https://www.econbiz.de/10012956029

Skill-Biased Change in Entrepreneurial Technology

Poschke, Markus - 2010

In contrast to the very large literature on skill-biased technical change among workers, there is hardly any work on the importance of skills for the entrepreneurs who employ those workers, and in particular on their evolution over time. This paper proposes a simple theory of skill-biased change...

Persistent link: https://www.econbiz.de/10013137516

Survey of Models on Demand, Customer Base-Line and Demand Response and Their Relationships in the Power Market

Heshmati, Almas - 2012

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...

Persistent link: https://www.econbiz.de/10013104681

Competing with Asking Prices

Lester, Benjamin R. - 2013

In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...

Persistent link: https://www.econbiz.de/10013087422

Cross-Country Differences in Productivity : The Role of Allocation and Selection

Bartelsman, Eric J. - 2009

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. On the one hand, a growing body of empirical research has been relating cross-country differences in key economic outcomes, such...

Persistent link: https://www.econbiz.de/10013153504

Subsidizing Firm Entry in Open Economies

Pflüger, Michael - 2009

Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...

Persistent link: https://www.econbiz.de/10013155605

The Impact of Trade Liberalization on Firms' Product and Labor Market Power

Dobbelaere, Sabien - 2020

This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...

Persistent link: https://www.econbiz.de/10012842037

Entropy Methods for Identifying Hedonic Models

Dupuy, Arnaud - 2014

This paper contributes to the literature on hedonic models in two ways. First, it makes use of Queyranne's reformulation of a hedonic model in the discrete case as a network flow problem in order to provide a proof of existence and integrality of a hedonic equilibrium and efficient computational...

Persistent link: https://www.econbiz.de/10013053440

Effects of Credit Supply on Unemployment and Inequality

Bandyopadhyay, Subhayu - 2016

The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We propose a simple model where firms producing varieties face labor-market frictions and credit constraints. In the model, tighter credit leads to lower output, lower number of...

Persistent link: https://www.econbiz.de/10012987688